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BAC - Bank of America - Page 296

post #5901 of 6819

Thats my face when I look at my Scottrade account the last few months since I have pretty much all my money in BAC.

I also been Banking with BAC since it was .. Damn its been a long time

post #5902 of 6819

There is a god. Next stop; one million dollar bills yo.

buddy-jesus.jpg?w=300&h=300

post #5903 of 6819
Rumors of divi hike
And expected earnings beat

Looks like dips mean buys
post #5904 of 6819
Quote:
Originally Posted by ze20001984 View Post

Rumors of divi hike
 


Link?

post #5905 of 6819
post #5906 of 6819
Guys look this is a nice run I would keep this but ride it and bail before earnings. This company still has major problems last quarter was only good due to the sale of china construction company. But still great things to come 1yr-2yr from now cool.gif
post #5907 of 6819

fast money guy said something really smart

 

alote of the smart money has been neg on the banks

 

that once they start adding positions...the banks should go higher...

 

post #5908 of 6819

And like I said....the mere potential of a divi/buyback will ward off evil shorters. The ball is in BAC longs' corner now.


 

Ze200...I respect your ability to adjust your investment thesis as things change.

 

Quote:
Originally Posted by ze20001984 View Post

fast money guy said something really smart

 

alote of the smart money has been neg on the banks

 

that once they start adding positions...the banks should go higher...

 



 

post #5909 of 6819

Read this article a little while ago. I think she's doing a hell of a job for BAC.

 

http://www.nytimes.com/2012/01/15/business/at-bank-of-america-the-image-officer-has-a-lot-to-fix.html?pagewanted=all

post #5910 of 6819

u gotto adjust 24/7 or u get run over the bus...

 

ima buyer on a dip

 

not a believer...

 

imoutta allmy can stocks..soi need some financials

might sell calls...to pick it up at 8$

post #5911 of 6819

mannn this guy isnt even quitting

 

i think banks might give the markets he 2nd leg up

 

it was apple before...now banks

 

energy..apple..banks

post #5912 of 6819
Quote:
Originally Posted by steadyup View Post.


 

Ze200...I respect your ability to adjust your investment thesis as things change.

 



laughing.gif

post #5913 of 6819
This run is impressive man.. Considering how badly it was beaten down who wants to really step in front and short this now ? If we get a bad jobs or some data could change direction but yeah I don't know do we retouch $12 before earnings ? When people look to snatch up a bank stock try see the price and think its a bargin considering the price on the other banks. But this company is still riddled with problems
post #5914 of 6819

I cannot believe I sold all of my shares at almost break-even at $5.88 in early January. I remember it falling to $4.99 and I was losing so much money, I had to sell at a break even at that price. I had accumulated over 7k shares at one point and I sold for barely any profit. Coulda, woulda, shoulda, made $32,000.mad.gif

post #5915 of 6819

hey man..at least in that time..ie 4 months..u used your money for good gains..while people held bac and were looking at the edge of a cliff

 

making 0$

 

 

that cliff is still there...but short term...10$ will be up next

post #5916 of 6819


What's with you pretending you know people's positions or how they're trading. You watch too much tv b/c BAC was never near the edge of any cliff in 2011. I accumulated all the way down and you'll just say that was a mistake because I didn't pick the exact bottom?? How many shares do you own at 5.42?? To your point, what an idiot Buffet is for buying warrants at $7.14 when he could have had common at $4.92 instead. Most of the time, you make no sense. your opinions are not helpful either.You always jab at people and it makes you sound very insecure.

 

Quote:
Originally Posted by ze20001984 View Post

hey man..at least in that time..ie 4 months..u used your money for good gains..while people held bac and were looking at the edge of a cliff

 

making 0$

 

 

that cliff is still there...but short term...10$ will be up next



 

post #5917 of 6819

Oh and all those idiot retail investors you talked about, the only ones who could posibly be buying BAC, yeah they are up  almost 80% in the last few months. Looks like "retail" are the ones who mostly stayed out of this one.

post #5918 of 6819
Off a cliff is 20$ to

5$

= cliFf
post #5919 of 6819
Quote:
Originally Posted by steadyup View Post


Most of the time, you make no sense. your opinions are not helpful either.You always jab at people and it makes you sound very insecure.



It's some kind of strong desire to appear as a stock gawd.

post #5920 of 6819

BAC screamed through resistance at $9.54 and I'm thinking it will easily hit $11.50.

 

WASHINGTON (Reuters) - The Federal Reserve bank said on Friday it had made mistakes in calculating bank losses in stress test results released this week.

But the Federal Reserve noted the revisions -- which affect Citigroup (NYS:C), Bank of America (NYS:BAC - News), and three others -- have no effect on key figures like capital ratios, which estimate how bank reserves would fare under scenarios imagined by the tests, which include skyrocketing unemployment, a tanking market and a deep recession.

In results first released on Tuesday, the Fed gave glowing marks to most of the large banks, passing 15 out of 19 tested, and underscoring the recovery of the financial sector.

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